Revenue from electricity transmission services rose by 7.5% resulting from an increase in tariffs for electricity transmission services by 9.4% since July 1, 2013. Revenue from sales of electricity increased by 56%. Total debt of the company decreased by 5.1% to RUB 273.015 billion.

Federal Grid Company of Unified Energy System, JSC (FGC UES, tax number: 4716016979) is the owner and operator of the Federal Grid. FGC UES operating 135 thousand kilometers of transmission lines, 919 substations with the total installed transformer capacity over 334.8 thousand MVA is the world's largest grid company in terms of the length of power transmission lines and the transformer capacity of 220 kV and more. Pursuant to the RF President's Decree dated June 14, 2013, the state-owned 79.64% stake in FGC UES, JSC was contributed to the authorized capital of Russian Grids to complete the key stage of the structural reorganization process for the bulk transmission and distribution grid assets.

IFRS net loss of FGC UES, JSC for 2013 was RUB 234.771 billion against a profit of RUB 7.238 billion the year before. Revenue increased by 12.58% to RUB 157.97 billion from RUB 140.313 billion, operating loss was RUB 262.546 billion against a profit of RUB 33.878 billion for 2012, loss before tax RUB 289.914 billion against a profit of RUB 8.991 billion. Adjusted EBITDA increased by 12.68% to RUB 92.551 billion from RUB 82.133 billion.

According to the DataCapital information retrieval system, RAS net profit of FGC UES, JSC for H1 2014 was RUB 1.23 billion against a loss of RUB 4.659 billion the year before. Revenue increased by 11.91% to RUB 83.724 billion from RUB 74.816 billion, sales profit by 27.25% to RUB 12.676 billion from RUB 9.961 billion, pre-tax profit was RUB 6.877 billion against a loss of RUB 573.35 million for the same period in 2013.